Monchi is happy to have returned to Sevilla.
The sports director has confirmed he turned down Arsenal to return to Sevilla after terminating his deal with AS Roma last month.
Monchi stated: "I came back because I was convinced by the project. Money is the only thing that changes if we qualify for the Champions League.
"We can't lower the bar we set ourselves. The Champions League gives you economic support and makes you grow. If we don't qualify, we have to be ingenious to make the strongest possible team with less money."